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The Las Vegas-based company's CEO Bill Hornbuckle says no customer bank account numbers or payment card information was compromised in the incident.that MGM Resorts is calling a cyberattack is expected to cost the casino giant more than $100 million, the Las Vegas-based company said.
The incident bore all the hallmarks of an extortionary ransomware attack, which MGM has not confirmed. If so, it could be the costliest ransomware attack on record, said Brett Callow of the cybersecurity firm Emsisoft. In 2019, the Norwegian aluminum manufacturer Norsk Hydro Hornbuckle added that no customer bank account numbers or payment card information was compromised in the incident. But hackers stole other personal information — including names, contact information, driver's license numbers, Social Security numbers and passport numbers belonging to some customers who did business with MGM prior to March of 2019, he said.
In addition to the estimated $100 million loss on adjusted property earnings before interest, taxes, depreciation, amortization and rent for its Las Vegas Strip resorts and other regional operations, MGM expects to incur charges totaling less than $10 million covering one-time expenses like legal fees and technology consulting.to have paid $15 million of a $30 million ransom sought by a group called Scattered Spider for a promise to secure the data.
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Data breach at MGM Resorts expected to cost casino giant $100 millionThe attack, which was detected on Sept. 10, led to MGM shutting down some casino and hotel computer systems at properties in Atlantic City and across the U.S. in efforts to protect data.
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September hiring numbers point to strong jobs market; Data breach costs MGM Resorts $100 millionBusiness Highlights: A summary of the day’s top stories in the business world.
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Cyberattack at MGM Resorts expected to cost casino giant $100 millionThe cybersecurity attack at MGM Resorts last month is expected to cost the casino giant more than $100 million, the Las Vegas-based company says.
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Cyberattack at MGM Resorts expected to cost casino giant $100 millionThe cybersecurity attack at MGM Resorts last month is expected to cost the casino giant more than $100 million, the Las Vegas-based company says.
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Cyberattack at MGM Resorts expected to cost casino giant $100 millionThe data breach that MGM Resorts is calling a cyberattack is expected to cost the casino giant more than $100 million, the Las Vegas-based company says
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Cyberattack at MGM Resorts expected to cost casino giant $100 millionThe cybersecurity attack at MGM Resorts last month is expected to cost the casino giant more than $100 million, the Las Vegas-based company says
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